Carney: Geithner Will Be Here For The Foreseeable Future

When asked about the future of Treasure Secretary Timothy Geithner, White House Press Secretary Jay Carney says that he hasn’t decided when he will leave and stated that Secretary Geithner is a key member of the President’s economic team. (0:21)


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White House: All Out Of Wiggle Room

During a question about the reality of the Aug. 2 deadline, White House Press Secretary Jay Carney says that the U.S. hit its debt limit back in May. Since then the U.S. Treasure Secretary has exercised all wiggle room possible which runs out on Aug. 2, after which we lose our capacity to borrow. (0:53) 

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